Debt Suspension to Spur Zambia to Economic Transformation

By Yohane Mbeeya Moono The period between 2011 and 2021, Zambia under the Patriotic Front led government initiated many capital projects which required heavy Moneta investments. Among them was the Link Zambia Programme which was aimed at the construction of massive road networks across the country in order to open many areas of the country

ZAMBIA INFLATION FALLS TO 11.5 %

The United Party for National Development government led by President Hakainde Hichilema has cut inflation by 50 % in eight months. The Bank of Zambia governor thanked government for fiscal restraint. Zambia this is like getting a pay raise. “Zambia’s annual inflation rate decelerated for the ninth straight month to 11.5% in April of 2022,

Investor confidence is high, says Mvunga

By Ernest Chanda of the Mast BANK of Zambia governor Christopher Mvunga says investor confidence is high following government pronouncements on fiscal discipline, as the bank maintains the 8.5 per cent monetary policy rate. Announcing the Monetary Policy Committee’s latest decision, Mvunga said such pronouncements have resonated well so far with the international community. “I